| It can be marked as the best occasion for | | | | bank have served as a resource which has fed |
| Ayman Adel Kamal who is presently the Vice | | | | the growing demand for commercial as well as |
| President of the real estate and investment | | | | the residential spaces in this fast developing |
| division of the Dubai Islamic bank, when his bank | | | | economy of Dubai. |
| won the best investment bank award for their | | | | Awards such as these have aroused much |
| achievement over the past 12 months. This would | | | | competition in the investment banking sector |
| not only increase the reputation and market | | | | promoting a more growth oriented environment in |
| credibility of the "Dubai Islamic bank", but also | | | | this segment. Banking industry is now increasingly |
| boost the moral real estate investors and builders | | | | concentrating on their strategies, visions, missions, |
| who seek capital investment through the bank. | | | | execution capabilities as well as management |
| Incidentally the Dubai Islamic Bank which has | | | | aspects. Banks, for example have started |
| funded many real estate investment propositions | | | | recruiting extremely skilled staff inviting expertise |
| and neighboring areas is led deeply by the | | | | from various countries of the world. As an |
| principles of Islam contributing another factor to | | | | example the newspapers in India and Pakistan and |
| being labeled as the "best real estate investment | | | | other neighboring countries are flooded with |
| management bank". This award has been | | | | vacancies from banks in Dubai and other Emirates. |
| presented by the "liquid real Estate Magazine" | | | | These banks generally look for extremely skilled |
| which is also a part of the "Euromoney". The | | | | and experienced staffs who can help them |
| award ceremony was held in London and it | | | | capitalize on the growing real estate market of |
| covered real estate banks from over 50 | | | | Dubai. |
| countries. | | | | These days many private banks have established |
| Dubai has grown the size of its real estate | | | | themselves well in the Middle East region. Some |
| industry by many times over the past few years. | | | | prominent names are like that of ABN AMBRO, |
| Therefore the contribution of real estate | | | | Citigroup, HDFC, Dubai Islamic Bank, Standard |
| investment banks is indispensable for the | | | | Chartered and many other big names thriving to |
| sustenance of this outstanding growth. Real | | | | capture major chunks of the expanding real |
| Estate investment banks have been providing the | | | | estate opportunities in Dubai along with the rest |
| much need financial support to these banks | | | | of the emirates. Now it depends on the services |
| especially in an inflatable industry like Dubai. This | | | | provided by these banks and the investment |
| has earmarked the progress of the real estate | | | | opportunities in real estate markets like that of |
| builders as well as small investors who have | | | | Dubai that they can extract a handsome profit |
| capitalized on these investments. Moreover | | | | from. |
| investment banks much like the Dubai Islamic | | | | |